Insured damage from the tornado that hit Angus, Ont. in late June is at least $30 million, according to the Insurance Bureau of Canada based on preliminary figures from Property Claim Services (PCS). More than 100 homes were damaged from…
Insured losses from Hurricane Arthur, which struck the United States and Canada in July, are not expected to be above $250 million from wind and coastal flooding, catastrophe modeling firm RMS reported in mid-July. Arthur made landfall July 3 along…
A recent police raid helped identify roughly $1.4 million in stolen property from 15 separate cargo load thefts over the past several months, the Insurance Bureau of Canada said July 15. “Multiple search warrants were executed on warehouses in the…
Private sector-run auto insurance systems in provinces across Canada are experiencing troubling loss trends in key areas. While reforms, such as minor injury caps, treatment protocols and anti-fraud measures, have had stabilizing effects in recent years, there are signs of...
Product Recall Insurance
A review of recent legal cases shows some interesting developments involving property insurance claims.
The recent and ongoing story of recalls by General Motors provides an example of the impact that recall events can have on a company. According to figures posted on the company’s website, GM issued 60 North American recall notices in…
Saskatchewan's Paul Greening has had a rich, varied career in the adjusting profession, but his true passion remains aviation claims.
From manual processes to the virtual world, the claims environment has experienced dramatic changes
Every case is different, but here are some do's and don'ts when handling cyber claims.
In a Newfoundland sexual abuse case, new evidence allows an insurer to void a policy due to misrepresentation
“Mastering Disaster” was the theme of this year’s CIAA/CICMA Atlantic Joint Conference held in Nova Scotia the early part of June, which I was fortunate to attend, along with over 100 registrants from Nova Scotia, New Brunswick, PEI and Newfoundland.…